Swiss Neobanks

Compare app-first Swiss digital banks on fees, foreign exchange markups, and everyday banking features.

Free by Default

The leading Swiss neobanks charge CHF 0 per month with no account management fee, compared with CHF 40 to CHF 200 a year at most traditional banks.

Swiss IBAN and FINMA Cover

Neon, Yuh, Zak, and Alpian all issue a native Swiss IBAN and hold your deposits at a FINMA-regulated bank, protected up to CHF 100,000 by esisuisse. Revolut's CH IBAN is virtual and its cover is Lithuanian.

Exchange Rate Markups

Foreign currency markups range from 0% at Revolut on weekdays, within a monthly limit, to 2% at Zak. On CHF 5,000 of annual foreign spending that gap is worth about CHF 100.

No Branches, No Cash Desk

Everything runs through the app. Paying in cash needs a workaround such as Sonect for Neon or a Bank Cler counter for Zak.

Top Neobanks in Switzerland

Best Neobanks

Yuh Private Account

Yuh

Management Fee:Free

Debit Card Fee:Free

4.8/5

See details

Bank Cler Private Account Zak

Bank Cler

Management Fee:Free

Debit Card Fee:Free

4.7/5

See details

Revolut Standard

Revolut

Management Fee:Free

Debit Card Fee:Free

4.7/5

See details

Guides & Resources

In-depth guides to help you pick the right bank account

Free Bank Accounts in Switzerland 2026

Compare free bank accounts in Switzerland 2026. Neon, Yuh, Zak, Migros Bank and more with CHF 0 fees, free debit cards, and TWINT.

May 3, 2026Read guide

Neon vs Yuh: Honest Comparison (2026)

Neon vs Yuh compared: fees, FX rates, investing, ATM costs, and features. Honest Swiss neobank comparison with real data.

Mar 18, 2026Read guide

Best Bank Account in Switzerland for Foreigners

Find the best bank account in Switzerland for foreigners. Compare banks for expats, cross-border workers, and non-residents by fees, permits, and features.

May 31, 2026Read guide

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About Swiss Neobanks

Swiss neobanks are app-first banks with no branch network. They keep costs down by running entirely on digital infrastructure and pass the saving on as free accounts, free domestic payments, and free SEPA transfers. Neon, Yuh, Zak, and Alpian all issue a native Swiss IBAN, so they work for salary deposits, QR-bills, and eBill just like a traditional account. Yuh and Zak also run full TWINT off the account, while Neon supports only TWINT Prepaid or the UBS TWINT app, and Alpian only TWINT Prepaid.

The differences show up in the details rather than the headline price. Foreign currency markups, free ATM allowances, built-in investing, and joint account support vary widely between providers. Our ranking scores each account on cost of ownership, digital banking features, foreign currency handling, access, and Swiss integration, using the same formula for every provider.

Frequently asked questions

What is the best neobank in Switzerland?

Yuh leads our ranking at 4.8 out of 5, ahead of Zak, Revolut Standard and Zak Plus at 4.7, and neon free at 4.6. Yuh scores highest thanks to a free debit card, a free weekly ATM withdrawal, and built-in investing. Revolut is the cheapest for foreign currency, with no exchange fee on weekdays within a monthly limit, but it has no eBill or TWINT.

Are Swiss neobanks safe?

Yes. Every Swiss neobank either holds a FINMA banking licence or places your deposits with a bank that does. Neon uses Hypothekarbank Lenzburg, Yuh uses Swissquote Bank, Zak is Bank Cler, and Alpian has its own licence. Deposits are protected up to CHF 100,000 per bank by esisuisse, exactly as at UBS or a cantonal bank. Revolut is the exception: your money sits at Revolut Bank UAB in Lithuania, covered up to EUR 100,000 by the Lithuanian scheme instead.

Do neobanks give you a Swiss IBAN?

Swiss neobanks do. Neon, Yuh, Zak, and Alpian all issue a native CH IBAN, which is what you need for salary deposits and QR-bill payments. Revolut now gives Swiss customers a CH IBAN too, but a virtual one issued through a PostFinance partnership while Revolut Bank UAB holds the balance. N26 issues a German IBAN and Wise a Belgian one, which causes friction with Swiss payroll and invoicing.

Can a neobank replace my main bank account?

Yes, provided you pick one with a native Swiss IBAN. Yuh and Zak handle salary deposits, standing orders, eBill, QR-bills, and TWINT. Neon and Alpian cover everything except native TWINT: Alpian supports TWINT Prepaid only, and Neon TWINT Prepaid or the UBS TWINT app. Revolut is not a substitute, with no eBill, QR-bill invoicing, or TWINT. The other limitation is cash: with no branch network you need a workaround such as Sonect for Neon or a Bank Cler counter for Zak.

Is a paid neobank plan worth it?

Only if you use the benefits. Zak Plus costs CHF 96 a year and neon Metal CHF 180 a year, both adding free worldwide withdrawals and no exchange markup with no monthly cap. That pays off if you spend several thousand francs abroad each year. Below that, a free account scores better in our ranking, and Revolut converts at no charge on weekdays within its monthly limit.